[LOK] DRAGO RENTAL GUIDE
Drago Rental Update APR 19, 2023
DRAGO RENTAL
Drago Rental is coming to League of Kingdoms!
Rental has been a unique feature in the web3 gaming ecosystem, and to further facilitate the Drago economy, we are adding a native rental feature for Drago NFTs. This feature will allow any web3 guilds or users to initiate Drago rental contracts directly on the LOK webpage.
Initially, we will be launching a private rental feature where the owner can select the borrower to initiate the rental contract. Once we are confident that the rental feature is functioning as intended, we plan to launch an open rental market.
How to Start Rental
Connect your wallet
Go to “My Drago” on the drop-down menu
Click “Detail” on the Drago you want to rent out
Clicking the “Rental” button on the bottom will show a pop-up screen to input the borrower’s wallet & set up the rental terms.
- Wallet Address: The wallet address of the borrower
- Distribution ratio: DSA distribution ratio between the renter & borrower
- Duration: Duration of the rent
*The owner can terminate the contract at any time regardless of the rental duration.
Click the “Rental” button when you are done with the setting. It will prompt the metamask pop-up to sign the contract.
When the rental contract is complete, the borrower will be able to see the Drago in-game when the borrower connects the wallet to the game account.
Rental State
For Renter:
The Drago will appear on the webpage of the renter. On the My Drago page, the renter will see the ‘Rental’ label on the Drago. The renter won’t be able to see the Drago in the game account
Drago Rental Stats:
The renter can check how much DSA is earned from the borrower’s activity and current distribution ratio on rented Drago’s detail page.
In the near future, a manage page will be added to display all the Drago that’s been rented.
For Borrower:
The Drago will appear on the game account when the borrower connects the wallet to the game account. The borrower will have to move the Drago from the wallet to the Lair to use it for in-game content.
Claiming DSA / DST
For Renter:
The renter will see the mined DSA in the LOK webpage.
The renter will have to claim it as DST. You’ll need minimum 1000 DSA to initiate claiming. 10 DSA will be taken for the transaction fee.
For Borrower:
Borrower will see the mined DSA in the in-game inventory.
Important Notes
For obvious reasons, rented Drago won’t be able to be burned, transferred, or used for extracting DS. Doing extraction & Chimeric Fusion is blocked for rented Drago.
In counting Drago for Drago AP & DSA mine, it will count the Drago in the lair (not wallet). If the borrower has the Drago on the Lair before the snapshot on UTC 00:00, it will count for the borrower's continent and Drago AP. Make sure the borrower put the Drago in the lair before the snapshot.
DSA will be automatically distributed when Drago returns with mined DSA.
Make sure Drago is not doing any activity before renting out Drago.
To celebrate the launch of the Drago rental feature, there will be ZERO commission for the project team on all rentals as an opening event.
Please note that this commission waiver is only for a limited time and may be subject to change in the future. Don't miss out on this opportunity to make the most of your Drago NFTs and earn rewards in LOK!
Daily Quest Update
Daily Quest has been updated to be tiered based on the kingdom level. The reward will be in 4 tiers.
Kingdom level 1~5 : 0 DSA
Kingdom level 6~15 : 0 DSA
Kingdom level 16~25 : 300 DSA
Kingdom level 26~30 : 1000 DSA
Only the kingdom level above level 16 will start receiving DSA from the daily quest, and only the kingdom level above 26 will receive 1000 DSA. The amount of items will be different for each tier as well.
About League of Kingdoms
League of kingdoms is a massively multiplayer strategy game that is centered around building kingdoms and governing the world. Here the player can build a powerful kingdom and army, forge alliances, compete against others, and trade digital assets across the blockchain.
The LANDs are NFTs transparently and verifiably stored on the blockchain network, so players can own and trade freely. Gamers can not only own a parcel of Land, but various resources therein, and the future growth of the game company.
🎮 League of Kingdoms Linktree
About League of Kingdoms Arena (LOKA)
League of Kingdoms Arena (LOKA) is League of Kingdoms’ native governance token and will be the cornerstone for the game project’s expansion into metaverses where a community of gamers can own and thrive.
The LOKA will be utilized as the currency inside the League of Kingdoms game franchise for all in-game store purchases, such as purchasing packages, skins, and goods. Additionally, the LOKA token will act as an NFT booster to create, upgrade, and acquire special NFT assets, including but not limited to Drago and Skin NFTs. The token will be also used to propose and vote on on-chain governance proposals to determine future features, policies, content, and/or parameters of the game. Last but not least LOKA tokens can also be earned by playing the in-game competition and/or achieving special tasks — for example after each Continent vs. Continent (CvC) battle, winners will be rewarded with LOKA tokens (and potentially rarer NFT item rewards) depending on the performance during the battle.
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